Tag Archives: Dodd-Frank

FRIDAY FACTS March 28, 2014 – Lending Woes

FRIDAY FACTS March 28, 2014 LENDING WOES  Mortgage origination is at its lowest point since 2008, down 60% nationwide.  We know that the same is true on Cape with mortgage activity year to year down 54.2%. Why?  The re-fi’s have … Continue reading

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What Dodd-Frank Means: Harder to Qualify for Fewer Loan Products

FRIDAY FACTS January 10, 2014   DO YOU UNDERSTAND QM (QUALIFIED MORTGAGE) AND HOW IT WILL IMPACT YOU?   Qualified Mortgage (QM) goes into effect on January 14th.  It comes from the Dodd-Frank legislation. Mortgage loans must be Qualified Mortgage … Continue reading

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